JAKARTA, Nov 17 (Reuters) - Following is a list of events
in Indonesia as well as news stories and press reports which
may influence financial markets.
(Reuters welcomes your feedback, and for any queries please
contact Sara Webb in Jakarta editorial on +6221 384 6364 or via
email at sara.webb@thomsonreuters.com or on Reuters messaging
sara.webb.reuters.com@reuters.net)
WHAT IS HAPPENING IN INDONESIA, ALL TIMES LOCAL FOLLOWED BY
GMT
(The inclusion of diary items does not necessarily mean
that Reuters will cover the event)
- Indonesia's finance ministry to hold its regular debt
sale at 1200 (0500 GMT)
- Indonesian Chamber of Commerce and Industry to hold a
press briefing on food security, 1215 (0515).
- Regional conference on the promotion and universalisation
of the convention on cluster munitions, Bali, 0900 (0100)
- Launching of International Labour Organisation's report
"Labour and social trends in Indonesia 2009", Jakarta, 0900
(0230)
- International Finance Corporation's launch of Indonesia's
Sustainable Forestry Programme, 1300 (0600)
- The 7th general conference of Council for Security
Cooperation in the Asia Pacific.
PRESS DIGEST
- PLN TO CUT ENERGY COSTS SIGNIFICANTLY IN 2010
State power company PT Perusahaan Listrik Negara (PLN)
expects to cut energy costs by 26.6 trillion rupiah ($2.84
billion) in 2010 due to lower consumption of oil products, said
President Director Fahmi Mochtar. (Jakarta Post)
- GOVERNMENT PLANS NEW ROADS, HOUSING IN SUMATRA AND
SULAWESI
The Transport Ministry plans to launch development of 695
km (432 miles) of roads in Sumatra and Sulawesi island next
year which will be the first projects under the ministry's
five-year programme to build a total 19,500 km of roads
nationwide, Transport Minister Djoko Kirmanto said. (Jakarta
Post)
- SAPTAINDRA TO DELAY IPO ON MINISTERIAL DECREE
Indonesian coal miner PT Saptaindra Sejati, a subsidiary of
the country's largest coal miner by market value PT Adaro
Energy Tbk (ADRO.JK), has delayed its IPO plan indefinitely as
it is still considering the impact of a ministerial decree on
certain conditions for coal miners. (kontan)
- HOUSE TO HOLD PLENARY SESSION FOR SPECIAL INQUIRY ON
CENTURY BANK
The House of Representatives will hold a plenary session on
Tuesday to respond to mounting calls from several legislators
including from the Democratic Party for Struggle (PDIP) and
Golkar party to form a special inquiry committee to investigate
the bail out of Bank Century, said a legislator from PDIP Gayus
Lumbun. (Jakarta Post)
- INDONESIA-MALAYSIA AGREE TO SET UP JOINT LABOUR TASK
FORCE
Indonesia and Malaysia have agreed to set up a joint task
force to deal with problems of Indonesian migrant workers in
Malaysia, said Manpower and Transmigration minister Muhaimin
Iskandar (Jakarta Post)
- INDONESIA PROPOSES PRO-POOR INITIATIVE
Indonesia will bring a pro-poor forest initiative proposal
to help local people benefit from forest protection at the
upcoming Copenhagen climate talks, said a member of delagation
Hadi Haryanto. (Jakarta Post)
MARKET SNAPSHOTS
* Indonesia's stock index .JKSE rose 1.7 percent on
Monday to its highest since Oct. 26, with the biggest lender,
Bank Mandiri (BMRI.JK), up 4.8 percent and coal miner Bumi
Resources (BUMI.JK) surging 6.1 percent. [.SO]
* U.S. stocks rose broadly on Monday, sending indexes to
fresh 13-month closing highs, after Federal Reserve Chairman
Ben Bernanke reinforced expectations that interest rates would
stay low to spur growth [.N]
* Oil prices settled above $78 a barrel, up over 3 percent
on Monday as a weaker dollar and better-than-expected U.S.
consumer spending data boosted prices.[O/R]
* For global market news, click on [MKTS/GLOB]
* Malaysian crude palm oil futures rose 2.1 percent on
Monday to an 11-week closing high supported by strong exports
in the first fifteen days of November and a jump in crude oil
prices, traders said.[POI/]
* In Indonesia, the state marketing centre, based in
Jakarta, did not sell any of the 13,000 tonnes of crude palm
oil offered at auction on Monday due to low bids. [OILS/TEND]
* To see the top news on Indonesia's economy click on
[ID:nIDECONOMY]. For a take a look on the central bank click on
[ID:nIDCENBANK] and for the bond market click on [ID:nIDBOND].
---------------------MARKET SNAPSHOT @ 2314 GMT -------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1109.3 1.45% 15.820
USD/JPY JPY= 88.99 -0.11% -0.100
10-YR US TSY YLD US10YT=RR 3.349 -- 0.000
SPOT GOLD XAU= 1139.45 0.04% 0.400
US RUDE CLc1 78.87 -0.04% -0.030
DOW JONES .DJI 10406.96 1.33% 136.49
ASIA ADRS .BKAS 127.37 1.68% 2.11
-------------------------------------------------------------
FOR KEY GLOBAL ECONOMIC NEWS, SEE [TOP/MACRO]
FOR TOP NEWS ON ASIAN COMPANIES [TOP/EQA]
FOR ECONOMIC FX RELATED NEWS, HIT [FXNEWS]
FOR WHAT INVESTORS ARE SAYING ABOUT DEALS [DEALTALK/]
STOCKS - BUY OR SELL? [BUYSELL/] IN THE NEWS, REUTERS
INDONESIA (Click on [ID-RTRS]) Indonesia c.bank sees rate
steady in '09,up in '10[ID:nJAK347844] Indonesia's XL rights
plan approved by shareholders[ID:nJAK52162] Indonesian pension
fund eyes bonds, sukuk sales [ID:nJAK361443] Indonesia's
Krakatau Steel plans unit IPO [ID:nJAK376343] ASIA
MARKETS NEWS - For an outlook of Asian stock trading, click on
[STXNEWS/AS] - The Malaysian ringgit and Philippine peso rose
against a broadly weaker dollar on Monday, while the Indian
rupee continued strengthening in both offshore and onshore
markets. [EMRG/FRX] - Singapore's stock index .FTSTI climbed
to its highest in 15 months on Monday, leading gains in other
major Southeast Asian stock markets as investors snapped up
banks and CapitaLand gained on plans to list its mall unit.
[.SO]
(Reporting by Jakarta Newsroom)
